Digital and Financial Literacy (DFL) are critical areas for promoting financial inclusion in the Pacific region. With its current low levels of DFL and the increase in the adoption of digital financial services, there is a need to equip Pacific Islanders with the proper digital and financial management skills. Availability of data and evidence regarding the current status of digital and financial literacy across countries in the region are now limited. As a result, there is a difficulty in measuring the level of impact, as well as charting targeted interventions, due to the absence of updated data. The last regional survey on financial competency was conducted in 2012/2013 in 04 Pacific countries, and databases like Global FinDex do not include the Pacific region.
So, there is a strong need for conducting a new survey to generate latest data and insights, which can inform policy measures and interventions to promote digital and financial literacy for different population segments across the Pacific Island countries. Through this project, digital and financial literacy survey will be conducted in 7 Pacific Island Countries (Fiji, Papua New Guinea, Samoa, Vanuatu, Solomon Islands, Tonga and Timor-Leste). Data and insights obtained from the baseline survey will be utilized to inform policy decisions and design targeted interventions. Next round of follow up survey is envisioned in 3-5 years timeline, to compare the progress in promoting digital and financial literacy in the region, measured against this baseline data